Nev. Rev. Stat. ch. 118A § 118A.125
“Periodic rent” defined.
Operative Text
“Periodic rent” means: 1. For a tenancy for a fixed term or a tenancy on a month to month basis, the amount of money payable each month; 2. For a tenancy on a week to week basis, the amount payable each week; and 3. For a tenancy on an annual basis, the amount payable annually divided by 12.
Under Nev. Rev. Stat. ch. 118A § 118A.125, Nevada law establishes a standard definition of "periodic rent" that varies by tenancy type: for fixed-term and month-to-month tenancies it is the monthly payment amount, for week-to-week tenancies it is the weekly payment amount, and for annual tenancies it is the total annual amount divided by twelve. This definition creates a consistent baseline figure used throughout Chapter 118A whenever rent calculations or obligations are referenced. The provision does not set any particular rent amount but instead standardizes how rent is measured across different lease structures.
Plain English — not legal advice.
Property owners and managers operating under Nevada's residential landlord-tenant framework should be aware that Nev. Rev. Stat. ch. 118A § 118A.125 defines the "periodic rent" figure that may be referenced in other Chapter 118A provisions governing notices, fees, and remedies. Compliant operators generally ensure that lease agreements clearly state the payment interval and corresponding amount so that the correct periodic rent figure can be readily determined. Keeping accurate records of the rent amount and payment schedule for each tenancy type helps ensure consistency whenever this defined term is applied elsewhere in the statute.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Nev. Rev. Stat. ch. 118A § 118A.125 establishes how "periodic rent" is calculated under Nevada law, which can matter when other provisions in Chapter 118A reference that figure—for example, in connection with late fees, notices, or security deposit limits. Tenants benefit from understanding which tenancy type applies to their situation, since the periodic rent figure differs depending on whether the lease is month-to-month, week-to-week, fixed-term, or annual. If a dispute arises over how rent is being calculated or applied, tenants can consult a local tenant-rights organization or Nevada Legal Aid for general information about how this definition interacts with other rights under Chapter 118A.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 22, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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